Republic of Equatorial Guinea : 2022 Article IV Consultation-Press Release; Staff Report; And Statement By The Executive Director for Republic of Equatorial Guinea.

The COVID-19 pandemic in 2020-21, and Bata explosions in 2021, struck oil-exporter Equatorial Guinea at a time when its economic vulnerabilities had already been aggravated by a prolonged period of depressed hydrocarbon prices, and seven consecutive years of decline in real GDP. The economy is slowl...

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Detaylı Bibliyografya
Müşterek Yazar: International Monetary Fund
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2022.
Seri Bilgileri:IMF Staff Country Reports; Country Report ; No. 2022/267
Konular:
Online Erişim:Full text available on IMF
Diğer Bilgiler
Özet:The COVID-19 pandemic in 2020-21, and Bata explosions in 2021, struck oil-exporter Equatorial Guinea at a time when its economic vulnerabilities had already been aggravated by a prolonged period of depressed hydrocarbon prices, and seven consecutive years of decline in real GDP. The economy is slowly emerging from the ravages of the 2020-21 shocks, buoyed by higher international oil prices. However, substantial challenges remain: (i) surging food prices and banking sector vulnerabilities cloud the short term, while (ii) declining hydrocarbon production and the implied decline in external reserves loom over the medium term, especially in light of lagging governance and diversification reform implementation.
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Fiziksel Özellikler:1 online resource (102 pages)
Materyal Türü:Mode of access: Internet
ISSN:1934-7685
Erişim:Electronic access restricted to authorized BRAC University faculty, staff and students